Post Utme Aaua 2025 Accounting Question 5
Practice objective / multiple choice question 5 from the 2025 Post Utme Aaua Accounting examination.
A company uses the single-entry system of accounting. The company's journal entries for the month of January are as follows: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | 10,000 | | | 3 Jan | Sales | | 12,000 | | 5 Jan | Purchases | 8,000 | | | 10 Jan | Cash | | 5,000 | | 15 Jan | Sales | | 15,000 | | 20 Jan | Purchases | 6,000 | | | 25 Jan | Cash | | 8,000 | | 31 Jan | Sales | | 18,000 | What is the total assets of the company?
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About This Question
This is Post Utme Aaua 2025 Accounting Question 5. It is one of the objective questions from the 2025 Post Utme Aaua Accounting examination.
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